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Transportation Costs, Trade, and Global Value Chains

Sübidey Togan

Publisher:

Oxford University Press

DOI:10.1093/acprof:oso/9780198753407.003.0001

This chapter sets out the purpose of the book, the importance of the subject, and the structure of the book. The chapter studies the relation between trade costs and volume of trade; the economic history of trade and transportation costs emphasizing the role of providing security as a component of trade costs within the context of Silk Road trade during the thirteenth and fourteenth centuries; analyses how transportation costs as a major component of trade costs affect trade and economic activity in general; concentrates on the determinants of transportation costs, emphasizing the roles of infrastructure and the regulatory framework; and discusses the importance of transport cost and transport infrastructure for participation in global value chains trade.

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2017. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see http://www.oxfordscholarship.com/page/privacy-policy).date: 19 March 2018